Google investing in a High-Tech Toronto Neighbourhood

By: Case Feenstra Team

Google investing in a High-Tech Toronto Neighbourhood

Tags: Waterfront, Real Estate, Innovation, Google, Transportation

Toronto’s Waterfront will soon offer a glimpse into the future of what real estate development projects could look like.   Neighbourhoods as we know them generally take form in informal ways as cities grow, but there may be a different way of doing things. Developments like the one being planned by Sidewalk Labs, a sister company of Google, will display how a newly conceived neighbourho...Read More

Mayor's Tree Planting Initiative gets Support from OakvilleGreen

By: Case Feenstra Team

Mayor's Tree Planting Initiative gets Support from OakvilleGreen

Tags: Oakville, Treeplanting, Conservation, Trees

An old saying is “The best time to plant a tree is ten years ago”. Oakville Mayor Rob Burton might agree. Burton recently announced an initiative called PLANT – Please Let’s Add New Trees – that has support from OakvilleGreen Conservation Association.   Oakville was founded on a forestry industry and has come a long way since then. PLANT will encourage residents,...Read More

October Real Estate Numbers: Rebound

By: Case Feenstra Team

October Real Estate Numbers: Rebound

Tags: Real Estate, GTA, Housing Market, Sales, Price Growth

After a slow summer, the GTA real estate market has rebounded with a 12% increase in sales in October compared to September. Changing policies contributed to a slow summer. But the announcement of tighter restrictions on mortgages may have pressured more buyers into the market over the past month.   A total of 7,118 homes were sold in October. This is 27% lower compared to last year. There is...Read More

Self-Driving Cars: Changing the Landscape of Real Estate?

By: Case Feenstra Team

Self-Driving Cars: Changing the Landscape of Real Estate?

Tags: Autonomous Vehicle, Real Estate Development, Technology, Property Value

The future of real estate developments may be shaped by a futuristic technology; the self-driving car. It is unclear exactly how or when the impacts of autonomous vehicles will be fully realized but experts are suggesting the technology will have a major role to play in how our living spaces will look going forward.   A recent report out of MIT predicts a possible near-future where self-drivi...Read More

Solar Adds Value to Real Estate

By: Case Feenstra Team

Solar Adds Value to Real Estate

Tags: Real Estate, Property Values, Solar Panels, Clean Energy

Solar photovoltaic (PV) panels are not only a source of clean energy, they are also a source of value for your home. A study looked at property appraisers’ valuation of homes with solar panel installations. It is the first study of its kind to shed light on the real value that solar can have on property values.   Solar panels can add equity to a house. This equity can reduce the payback...Read More

Oakville Housing Prices are Fastest Growing in Canada

By: Case Feenstra Team

Oakville Housing Prices are Fastest Growing in Canada

Tags: Oakville Real Estate, Housing Costs, Detached Homes, Toronto

A study looking at the price of houses in Canada over the last 20 years has revealed that the growth experienced in Oakville is unmatched by any other region.   Housing costs across the country were analysed on a per-square-foot basis and compared to what they were in 1997. 20 years ago, detached homes in Oakville were selling for $105.77 per square foot. Today, they average $627.33, an incre...Read More

Sears in Oakville Place Might be Replaced with…

By: Case Feenstra Team

Sears in Oakville Place Might be Replaced with…

Tags: Oakville, Oakville Place, Mall, Shopping

Sears Canada has gone through a disastrous series of events that resulted in the closure of stores across Canada, including the Oakville Place Mall location. Sears took up a massive 104,000 square feet in the mall. The space could be redeveloped to hold multiple new stores.   Saks OFF 5th store, which is an outlet discount division of Saks Fifth Avenue, has expressed interest in 40,000 square...Read More

A Lively Market for Canadian Owned U.S. Property

By: Case Feenstra Team

A Lively Market for Canadian Owned U.S. Property

Tags: Real Estate, Foreign Properties, Property Owners, US Real estate market

Despite a growing list of things that could prompt Canadians to cash out of their U.S. properties, the beginning of 2017 saw a new record set for real estate purchases by Canadians south of the border. Over 33,000 properties were bought up for a total of nearly $20 billion USD, both of which are record breaking figures. With extreme weather events on the rise, a strengthening loonie, and an unfav...Read More

Tougher Mortgage Rules: Good for the Economy in the Long Run

By: Case Feenstra Team

Tougher Mortgage Rules: Good for the Economy in the Long Run

Tags: Real Estate, Interest Rate, mortgage, downpayment, Homebuyers

New rules from the Office of the Superintendent of Financial Institutions (OSFI) are creating more stringent stress tests for homebuyers. This will push some first-time buyers out of the market – for now. But the rules help to maintain healthy real estate and financial sectors   For example, a family with an income of $100,000 that currently could afford a home for $726,000, would only ...Read More

Real Estate Tech: A New Boom

By: Case Feenstra Team

Real Estate Tech: A New Boom

Tags: Real Estate Investment, Investors, Innovation, Technology

The real estate investment industry is experiencing a new boom that’s worth paying attention to. After a decline in investments following the financial crisis in 2008, real estate technology is now on pace to experience its second straight year with over $1 billion in total outside investments, a positive sign for the industry overall. What is real estate tech? It’s a type of financi...Read More